economy

Harvard Media Expands Online News Presence with Acquisition of SaskToday.ca and MooseJawToday.com

Harvard Media Expands Online News Presence with Acquisition of SaskToday.ca and MooseJawToday.com

Mar 14, 2024 | 5:17pm
Its an era when most media companies are putting fewer and fewer resources into local news. Harvard Media is taking a different approach, as the company announced a huge expansion of its news presence in Saskatchewan with the acquisition of “SaskToday.ca” and “MooseJawToday.com.” The deal with Glacier Media includes a long term partnership agreement, which […]
Value of Canadian farmland rises 11.5 per cent in 2023: report

Value of Canadian farmland rises 11.5 per cent in 2023: report

Mar 12, 2024 | 10:35am
The value of Canadian farmland rose 11.5 per cent in 2023, a new report by agriculture lending firm Farm Credit Canada has found.  Chief economist J.P. Gervais said while that’s a slight slowdown from the growth in 2022, it’s still a rapid pace given cooling economic conditions overall. “Farmland prices have continued to increase at […]
Western Canada’s cold snap in January causes $180 million in insurance damages

Western Canada’s cold snap in January causes $180 million in insurance damages

Mar 11, 2024 | 1:56pm
Extreme cold near the start of this year in British Columbia, Alberta and Saskatchewan has led to a damage bill that the Insurance Bureau of Canada says is more than $180 million.  The bureau says about 70 per cent of the insurance claims related to the extreme cold were for personal property and damage caused by frozen […]
Takeaways from Biden’s State of the Union: Combative attacks on a foe with no name

Takeaways from Biden’s State of the Union: Combative attacks on a foe with no name

Mar 8, 2024 | 8:42am
WASHINGTON (AP) — The State of the Union address is one of the durable set pieces of the presidency, a forum that almost always favors the speaker in a one-way conversation with millions of Americans. Most of the speeches are instantly dissected, and almost as quickly forgotten. But this is a most unusual year, with President Joe Biden needing to make the case not simply that his policies warrant a a second term, but that he has the personal […]
Economy adds 41,000 jobs in February, unemployment rate rises to 5.8%

Economy adds 41,000 jobs in February, unemployment rate rises to 5.8%

Mar 8, 2024 | 8:29am
The Canadian economy added 41,000 jobs in February as employment gains continue to lag strong population growth in the country. The federal agency’s labour force survey released Friday says the unemployment rate ticked up to 5.8 per cent last month. Job gains were spread across several industries in the services-producing sector, with the strongest employment growth in […]
Bank of Canada holds key rate steady at five per cent, says too early to cut

Bank of Canada holds key rate steady at five per cent, says too early to cut

Mar 6, 2024 | 9:03am
The Bank of Canada is holding its key interest rate steady at five per cent today, arguing it is still too soon to start lowering rates. The central bank says inflation has continued to ease and the economy is weakening but underlying price pressures are still persistently high. Canada’s inflation rate dropped to 2.9 per […]
Brad Gushue hopes to replicate winning feeling in Regina’s Brier

Brad Gushue hopes to replicate winning feeling in Regina’s Brier

Mar 1, 2024 | 1:35pm
Brad Gushue was cruising at the 2018 Canadian men’s curling championship in Regina. After winning a first Brier in storybook fashion in his hometown of St. John’s N.L. and a world championship in 2017, the pressure was off and his curling team fired on all cylinders in Regina. But a lesson was learned there to […]
Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year

Burger chain Wendy’s looking to test surge pricing at restaurants as early as next year

Feb 27, 2024 | 12:11pm
Wendy’s is looking to test having the prices of its menu items fluctuate throughout the day based on demand, implementing a strategy that has already taken hold with ride-sharing companies and ticket sellers. During a conference call earlier this month, Wendy’s CEO Kirk Tanner said that the Dublin, Ohio-based burger chain will start testing dynamic pricing, also known as surge pricing, as […]
Why drought on the prairies is making your steak more expensive

Why drought on the prairies is making your steak more expensive

Feb 25, 2024 | 7:16pm
Ask John Wildenborg if he thinks Canadians will be paying more for steak during future barbecue seasons, and the owner of Calgary specialty butcher shop Master Meats doesn’t hesitate. “Prices are definitely going to go higher, no ifs, ands or buts about it,” he said. “It keeps me up at night, actually, thinking about coming […]
Canada’s unemployment rate fell to 5.7% in January, first decline since December 2022

Canada’s unemployment rate fell to 5.7% in January, first decline since December 2022

Feb 9, 2024 | 8:10am
Canada’s unemployment rate fell to 5.7 per cent last month, marking the first decline since December 2022, Statistics Canada reported on Friday. The agency’s labour force survey said the economy added 37,000 jobs in January after several months of relatively no change in employment. Canada’s labour market cooled significantly last year as high interest rates […]